Commit To Buy SemGroup Corp At $12.50, Earn 8.1% Annualized Using Options
December 02, 2019 at 12:05 PM EST
Investors considering a purchase of SemGroup Corp (SEMG) stock, but tentative about paying the going market price of $15.30/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the December put at the $12.50 strike, which has a bid at the time of this writing of 5 cents..